Commerce

Metro Cash, Carry Pakistan launches office in Karachi

 KARACHI (Sarzameen News)-  METRO Cash & Carry Pakistan opened its door for customers to its second freshly Store located at Bahria Town Lahore after the success of the first store in Allama Iqbal Town Lahore few months earlier. The store is part of a series to introduce the new retail based concept that METRO Cash

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Al-Haj Faw Motors launch V2 – a locally assembled hatchback car in Pakistan

KARACHI (Sarzameen News)- FAW V2 is the first Chinese passenger car to be assembled in Pakistan. The Managing Director of the company, Bilal Afridi hosted the event, which was attended by all of their nationwide dealers and vendors. FAW is the fastest growing Chinese automotive company formed in collaboration with Al-Haj in 2007. The 50,000-sq. m factory of

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HBL, Daraz invite you to celebrate 70 years of Independence

KARACHI (Sarzameen News)- This August, HBL and Daraz are celebrating a story that entails the blood, sweat, tears and dreams of millions of Pakistanis. As an institution, HBL is the largest bank of Pakistan, whereas Daraz is the digital powerhouse of the country, proud to have given e-commerce culture a home to call its own in Pakistan. Independence Day

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Pakistan has 4th highest corolla sales globally

KARACHI (Sarzameen News)- Remarkable success of Corolla in Pakistan has made Pakistannumber 1 in Corolla sales in Asia Pacific and number 4 in the world,” said Mr. Yoshiki Konishi, Chief Engineer for Corolla, Toyota Motor Corporation at the 26th IMC Dealers Conference held at a local hotel here recently. The theme of the conference was “Race to Ace”. Dealership CEOs,

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Gold purchase increases 8pc, reaches Rs47bn across country

KARACHI (Sarzameen News)- An increase is being witnessed in gold purchase across the country, as people have bought gold worth Rs47 billion in last three months. According to Pakistan Bureau of Statistics (PBS), an eight percent rise in obtaining gold was observed in the second quarter of the year. People bought gold jewelry worth Rs28.64 billion, and

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Businessmen Panel demands immediate resignation of President FPCCI

ISLAMABAD  (Sarzameen News)- The Businessmen Panel of the FPCCI on Sunday asked the President FPCCI Zubair Tufail to resign immediately as he has lost moral authority to represent business community and get their issues resolved. Now, President of the FPCCI cannot represent Pakistan at international forums due to criminal charges of tax theft framed against him by the National

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Sugar price surges by Rs550 per maund

MULTAN (Sarzameen News)- Price of sugar has witnessed upward trajectory as per maund increases by Rs 550 amid rumors of artificial shortage. Following unexpected hike, salary of sugar per maund, weighing 100 kg, has surged to Rs 5250 from Rs 4700 and dealers have started stocking sugar. Similarly, per kg price of sugar has also

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Khushhali Microfinance Bank achieves smart certification

ISLAMABAD (Sarzameen News)- Khushhali Microfinance Bank (KMBL) has achieved another laurel for their exemplary banking practices. In March 2017, MicroFinanza Rating began an independent assessment of KMBL’s policies and practices with respect to globally set principles of client protection. After completion of the assessment, the bank has been conferred a SMART Certification by MicroFinanza Rating

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National Saving Scheme rates remain unchanged

KARACHI (Sarzameen News)- The Ministry of Finance has issued the notification where rate of profit on national savings scheme remained unchanged effective August 1, 2017. According to the notification, the rates for the government-backed certificates remained unchanged. Regular Income Certificate to remain unchanged at 6.54 percent, special saving certificate at 6.03 percent, defense saving certificate

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Gold price decreases in international, local markets

KARACHI (Sarzameen News)- Gold price witnessed a sharp decline of $2 per ounce in international market and settled at $1268. Following footprints of international market, gold price witnessed decline of Rs 300 per tola and settled at Rs 51, 000 in local markets of Lahore, Faisalabad and Karachi. Likewise price of 10 gram gold went

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